NEW DELHI: Telecom shares were trading in the negative terrain with the SP BSE Telecom index trading 1.7 per cent down at 989.83 on Friday.Shares of Vodafone Idea (down 5.56 per cent), GTL Infrastructure (down 3.92 per cent), Tejas Networks (down 2.68 per cent) and Bharti Infratel (down 2.58 per cent) were the top losers in the index.
Bharti Airtel (down 1.94 per cent), Vindhya Telelinks (down 1.64 per cent) and Himachal Futuristic Communications (down 1.09 per cent) too were trading with losses.Benchmark NSE Nifty50 index was down 15.85 points at 10,842.85 while BSE Sensex was down 66.96 points at 36,103.45 around 02:22 pm.
Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.Shares of Reliance Communications, ICICI Lombard General Insurance Company, YES Bank, Idea Cellular, Vakrangee, JP Associates, Hindustan Zinc, Ashok Leyland, Sun Pharma, Suzlon Energy, Bank of Baroda, JSPL, PNB, Kwality, Vedanta and DHFL were among the most traded shares on the NSE.